SOC 11-3111 · Massachusetts · BLS OEWS May 2024
The median salary for Compensation and Benefits Managers in Massachusetts is $206,432 per year ($99.25/hr). This is 19% higher than the national median of $173,472. The middle 50% earn between $157,225 and $265,836 annually. Top earners at the 90th percentile reach $339,102.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $54.98 | $114,354 | +19.0% |
| P25 | $75.59 | $157,225 | +19.0% |
| P50MEDIAN | $99.25 | $206,432 | +19.0% |
| P75 | $127.81 | $265,836 | +19.0% |
| P90 | $163.03 | $339,102 | +19.0% |
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
The median (P50) annual salary for Compensation and Benefits Managers in Massachusetts is approximately $206,432, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 19% higher than the national median of $173,472.
Entry-level Compensation and Benefits Managers (10th percentile) in Massachusetts earn approximately $114,354 per year. The 25th percentile is $157,225. Top earners (90th percentile) reach $339,102.
Massachusetts pays 19% higher than the national average. The national P50 is $173,472 vs $206,432 in Massachusetts. Based on BLS national data adjusted for regional cost factors.
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